Your assessed fees should be paid in full by our posted deadlines. Payments received after the posted deadlines are subject to late fees and interest charges. Overdue accounts are subject to financial holds that will prevent future registration and access to academic records.

Interest Rates for 2018/2019 Academic Year:

Summer 2019

Fall 2018

Winter 2019

Annual Interest Rate:

10%

10%

10%

Calculation Method:

Daily Assessed / Monthly Charged

Daily Assessed / Monthly Charged

Daily Assessed / Monthly Charged

1 month cost / $1000.00:

~$7.84 (30 days)

~$7.84 (30 days)

~$7.84 (30 days)

Interest charges begin to accrue:

May 1, 2019

September 1, 2018

January 1, 2019

Interest Charges explained:

Summer 2019: On May 1, 2019, your overdue account (Summer 2019 plus any prior balance) will be assessed daily interest for each day that your payment is late. This accrued interest will be charged to your student account on a monthly basis. Interest will continue to accrue and be charged until the overdue account is paid in full.

Fall 2018: On September 1, 2018, your overdue account (Fall 2018 plus any prior balance) will be assessed daily interest for each day that your payment is late. This accrued interest will be charged to your student account on a monthly basis. Interest will continue to accrue and be charged until the overdue account is paid in full.

Winter 2019: On January 1, 2019, your overdue account (Winter 2019 plus any prior balance) will be assessed daily interest for each day that your payment is late. This accrued interest will be charged to your student account on a monthly basis. Interest will continue to accrue and be charged until the overdue account is paid in full.

Interest will continue to accrue on overdue accounts until the balance is paid in full.

The 2018/19 annual interest rate is 10%, and is subject to review annually.

Note 1: Pending scholarships and Bursaries for the current term are factored into your account balance.
Note 2: Graduate Students utilizing Payroll Deduction to pay their fees are not charged interest.